Peggi App

Category: Bookkeeping

  • Balance Sheet Template + Example

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    Adam Page
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    Similar to the current ratio and quick ratio, the debt-to-equity ratio measures your company’s relationship to debt. Investors, creditors, and internal management use the balance sheet to evaluate how the company is growing, financing its operations, and distributing to its owners. It will also show the if the company is funding its operations net of…

  • T-Account: Definition, Example, Recording, and Benefits

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    Adam Page
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    Every financial transaction is first recorded as a journal entry, into the general journal. So, the general journal is the original book of entries that contains the raw financial data of a business. Because cash is an asset account, the Cash account will be debited for $20,000. The use and purpose of a https://www.bookstime.com/bookkeeping-services/manchester is…

  • Net Operating Income NOI: Definition, Formula & Calculation

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    Adam Page
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    Apply online for expert recommendations with real interest rates and payments. Because tenant improvements are specific to the tenant, and not the property as a whole, this cost also gets excluded from any NOI accounting. Below, we’ll walk through all the numbers to include in your formula and how to calculate NOI. Heritage Global Inc.…

  • Chart of Accounts Defined: The Ultimate Guide

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    Adam Page
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    Content What is chart of accounts (COA)? Make use of modern accounting software Income statement accounts Equity How is a COA grouped for reporting purposes? Join 446,005 entrepreneurs who already have a head start. For instance, you’l choose numbers between 100 and 199 for all assets accounts (though most bookkeeping platforms will already have preloaded…

  • 1099-NEC: Everything You Need to Know About Reporting Non-Employee Compensation Bench Accounting

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    Adam Page
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    Content When do I Use Form 1099-NEC vs. Form 1099-MISC? Make the Switch to 1099 Electronic Filing What is a 1099-NEC and when does my business need to issue one? Form Pros You may not have to complete the federal tax withheld box or the state information boxes. Check the IRS instructions for 1099-NEC and…

  • C Corporation C-Corp Definition TaxEDU

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    Adam Page
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    Content More In File C-Corp Ownership The Advantages and Disadvantages of StartingA C Corporation A buyer’s guide to finding the best HR software for your business Advantages and Disadvantages of a C Corporation C-Corporation Requirements Business Comparison Chart For instance, if two people own a C corp together and one decides to leave, they can…

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